76 Northern Ave · Gardiner

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1 for sale · asking prices · updated 3 days ago

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For sale

Office · Government · Public$5,100,000

Size 48,771 SF

48,771+/- SF, fully-leased state office building on 9.5+/- acres • Less than a mile to downtown Gardiner and directly off Maine Avenue/Rte 201. • Approximately $1,500,000 in renovations completed in 2022 & 2023 • Renovations include new interior paint, carpet, windows, etc. • Fully leased through 12/31/2033 to Department of Professional & Financial Regulation • Estimated NOI: $370,386 • Cap Rate: 7.3% • Sale Price: $5,100,000

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The building

Building: 48,771 SF · 1 floor · 1960
Site: 9.5 Acres · HDR - High Density Residential zoning
Occupancy: Single-tenant

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